Revenue department plans linking e-way bill with FASTag, logistics data bank to check GST evasion

GST & Other Indirect Taxes | By ALOK PATNIA | Nov 21, 2018

The revenue department is planning to integrate e-way bill with NHAI’s FASTag mechanism and DMICDC’s Logistics Data Bank (LDB...

Back offices now face 18% GST for services to multinational companies

GST & Other Indirect Taxes | By ALOK PATNIA | Nov 21, 2018

Many back offices of multinationals in India will have to fork out 18 percent and Goods and Services Tax (GST) on their services, the Eco...

5 mistakes to avoid while drafting an agreement for your business

Corporate Law & Intellectual Property Rights | By Manish Sharma | Nov 19, 2018

  Agreements are the pivots of any relationship in a business house. Be it a start-up or an established business concern, regardless of t...

Over 600 prosecutions in Panaji for TDS defaults in last 2 years

    In the last two years, over 600 prosecutions were initiated here, with nearly 200 deductors admitting to their offence and paying hef...

Action on state’s ‘GST cess’ proposal likely to be delayed

GST & Other Indirect Taxes | By ALOK PATNIA | Nov 19, 2018

    The state’s proposal to levy a disaster cess on the Goods and Services Tax (GST) is likely to get delayed. The GST Council had recent...

Department raids Deepak Fertilisers and Petrochemicals Corporation’s office premises, plants

Deepak Fertilisers and Petrochemicals Corporation on Friday said the Income Tax department was carrying out search and seizure operations...

HC allows adjustment of wrong payment

GST & Other Indirect Taxes | By ALOK PATNIA | Nov 17, 2018

  In what is seen as a major relief for GST assessees, especially dealers, the Kerala High Court has ruled that any GST mistakenly paid u...

Rs 1,200 Crore Fake GST Invoice Scam Busted in Karnataka

GST & Other Indirect Taxes | By ALOK PATNIA | Nov 16, 2018

A scam involving fake GST bills worth Rs 1,200 crore has come to light in Bengaluru.  The preventive wing of the south commissionerate of...

Mansukh Mandaviya says that after GST, pharma sector grew 6%

GST & Other Indirect Taxes | By ALOK PATNIA | Nov 16, 2018

Impact of the Goods and Services Tax (GST) on the sector has largely been positive and constructive, he added.After the implementation of...

GST Practitioners Enrollment Exam In December

For the confirmation of enrollment of Goods and Services Tax Practitioners, otherwise known as GST Practitioners or GSTPs, there will be ...

Two crore Indians file returns but pay zero income tax 

In the last four years, the government’s efforts to widen the tax base resulted in an 80% jump in number of returns filed to 6.85 c...

Income Tax Returns Not Filed In 80,000 Cases Post-Notes Ban

  The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite ...

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